What is Terawulf ($WULF) tokenized stock (WULFON)?
$WULF is the stock ticker symbol for TeraWulf Inc., a digital infrastructure company focused on cryptocurrency mining and sustainable energy-powered data center operations. The company develops and operates facilities designed to mine Bitcoin using predominantly zero-carbon energy sources such as nuclear, hydroelectric, and other renewable power. TeraWulf’s operations are structured to combine high-performance computing infrastructure with long-term energy contracts.
TeraWulf operates primarily in the United States, with mining facilities located in regions that provide access to reliable and low-cost energy. The company generates revenue through Bitcoin mining activities and related digital asset operations. Founded in 2021, TeraWulf is headquartered in Easton, Maryland and is listed on the NASDAQ.
$WULFon is Ondo’s tokenized version of Terawulf ($WULF), created to provide onchain economic exposure that reflects the price and performance of the underlying traditional shares. The token is a total-return tracker designed to track the economic value of $WULF, including the reinvestment of any dividends if applicable. This allows tokenholders to gain financial exposure to Terawulf without using a conventional brokerage account.
Ondo’s tokenized assets are structured to give non-U.S. retail and institutional users a compliant way to access U.S. equities. MEW users can swap crypto for Ondo tokenized stocks in MEW Mobile, MEW Portfolio on web, and Enkrypt browser wallet. Through the Ondo platform, eligible users can mint or redeem $WULFon during market hours, with settlement linked to the liquidity and pricing of the stock on traditional exchanges. Because $WULFon exists on a blockchain, it can be held in digital wallets, traded on secondary markets, redeemed for stablecoins, transferred onchain, or integrated into decentralized finance platforms that support regulated tokenized assets.
$WULFon is part of Ondo’s broader suite of tokenized U.S. stocks and ETFs, combining regulated custodial backing with blockchain-based accessibility. Ondo tokenized stock is designed to offer global accessibility, faster settlement windows, and compatibility with crypto-based financial applications, while still reflecting the economic exposure of the underlying asset.
Hold, trade, send and receive $WULFon tokens directly in MEW. Swap your BTC, ETH, USDC, and other crypto to $WULFon tokenized stocks. View $WULFon token information, price history, volume, market cap, and dividend payments. Send your $WULFon tokens to other wallets and trade $WULFon directly to other tokenized stocks, all without a brokerage. Enjoy the benefits of 24/5 trading, faster settlement, low trading fees, global accessibility, DeFi compatibility, transparency, and self-custody with tokenized stock in MEW.